Who CARES and Who Benefits?

The CARES Act, passed by Congress to provide “fast and direct economic assistance for American workers and families, small businesses, and preserves jobs for American industries” falls squarely in the category of wealth redistribution.

Every single bill that needs to pass the Senate must, in a sense, pay off low population states. This essentially means rural states. We get more than our fair share. This is particularly poignant for the CARES Act that is suppose to help workers, families and small businesses. This is about people, not states. So, who gets the most benefit? Note, all the states in light blue, with no data are at the same $387.76 per person.

Four states, Montana, Wyoming, North Dakota and South Dakota receive a combined $5 billion, slightly more than Illinois’ $4.9 billion. Illinois’ population is 3.8x as large.

For the state level data, please see this link.

 

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